Olu

Gold: Looking Lower From Here To 1200

Short
Olu Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
10
Comments on the chart. If price blows past 1285 the idea is absolutely wrong
Comment:
Price fell today. If the idea is right price might be in a wave 3 of (A) and so price should fall hard. I would not like to see 1288
Comment:
A hard fall today as expected
Comment:
Price reached 1200 as expected and I am looking for some upside action towards 1245 area. The idea will fail if price falls hard below the 1200 low quickly
Comment:
Looking ffor price to go towards the 1240 area and then another decline to 11180 area
Comment:
The idea is paying out well so far. Price is appriaching the (B) area helped by the beating the $ took last friday. So for the idea to still play out price needs to turn down in a (C) towards 1180
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